Wright On The Park Inc
Wright On The Park Inc maintains substantial assets with minimal annual expenses and no reported officer compensation.
EIN: 203306274 · Mason City, IA · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $56K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $18.7M |
| Transparency Score | 85/100 |
Is Wright On The Park Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wright On The Park Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wright On The Park Inc
Wright On The Park Inc (EIN: 203306274) is a nonprofit organization based in Mason City, IA, classified under NTEE code A80. The organization reported total revenue of $236K and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wright On The Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wright On The Park Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -26.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $56K |
| Surplus / Deficit | +$61K |
| Total Assets | $18.7M |
| Total Liabilities | $1K |
| Net Assets | $18.7M |
| Operating Margin | 52.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4035.4 months |
Financial Health Grade: A
In 2023, Wright On The Park Inc reported a surplus of $61K with revenue exceeding expenses, holds 4035.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wright On The Park Inc's revenue has declined at a compound annual growth rate (CAGR) of -26.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.1% | -11.8% | +0.3% |
| 2022 | +14.3% | +15.0% | +0.7% |
| 2021 | +140.1% | +36.4% | +0.6% |
| 2020 | -33.6% | -42.1% | +0.1% |
| 2019 | -13.2% | -24.2% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wright On The Park Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wright On The Park Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership either volunteers their time or is compensated through means not categorized as officer compensation on the 990, which is highly unusual for an organization with over $18 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wright On The Park Inc's IRS 990 filings:
- Very low expense-to-asset ratio, potentially indicating limited active program delivery relative to organizational size.
- Consistent 0% officer compensation, which, while positive for efficiency, can sometimes obscure how leadership is truly compensated or if the organization is entirely volunteer-run despite significant assets.
Strengths
The following positive indicators were identified for Wright On The Park Inc:
- Exceptional financial stability with over $18 million in assets.
- Very low operational expenses, demonstrating high efficiency in managing its resources.
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing administrative overhead.
- Positive net revenue in most years, contributing to asset growth.
Frequently Asked Questions about Wright On The Park Inc
Is Wright On The Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wright On The Park Inc (EIN: 203306274) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Wright On The Park Inc spend its money?
Wright On The Park Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wright On The Park Inc tax-deductible?
Wright On The Park Inc is registered as a tax-exempt nonprofit (EIN: 203306274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wright On The Park Inc CEO make?
Wright On The Park Inc's highest-compensated officer earns $18 annually. The organization reported $236K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Wright On The Park Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wright On The Park Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wright On The Park Inc located?
Wright On The Park Inc is headquartered in Mason City, Iowa and files with the IRS under EIN 203306274. It is classified under NTEE code A80.
How many years of IRS 990 filings does Wright On The Park Inc have?
Wright On The Park Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $236K in total revenue.
Is Wright On The Park Inc a good charity?
Based on its financial filings, Wright On The Park Inc appears to be a financially stable organization with significant assets and very low operational expenses. The lack of reported officer compensation is a positive indicator of efficiency. However, its 'goodness' as a charity depends on the impact of its programs, which are not detailed in the provided financial data. The low expense-to-asset ratio suggests it may be more focused on asset stewardship than extensive annual program delivery.
How does Wright On The Park Inc manage its substantial assets?
The organization consistently holds over $18 million in assets, while its annual expenses are typically under $100,000. This suggests a strategy focused on long-term asset preservation and growth, possibly through investments or property management, rather than liquidating assets for extensive annual program spending.
What are the primary activities of Wright On The Park Inc given its low expenses?
With annual expenses often below $70,000 (e.g., $55,519 in 2023), the organization's primary activities likely involve maintenance, preservation, or very focused, low-cost programs related to its NTEE code (A80 - Arts, Culture, Humanities - specifically historical organizations). The financial data alone does not detail specific program activities.
Filing History
IRS 990 filing history for Wright On The Park Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wright On The Park Inc's revenue has declined by 97.5%, moving from $4.7M to $116K. Total assets increased by 7.5% over the same period, from $17.4M to $18.7M. Total functional expenses fell by 88.2%, from $469K to $56K. In its most recent filing year (2023), Wright On The Park Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $1K in liabilities against $18.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $56K | $18.7M | $1K | — | — |
| 2022 | $184K | $63K | $18.6M | $1K | — | View 990 |
| 2021 | $161K | $55K | $18.5M | $1K | — | View 990 |
| 2020 | $67K | $40K | $18.4M | $1K | — | View 990 |
| 2019 | $101K | $69K | $18.4M | $1K | — | View 990 |
| 2018 | $117K | $92K | $15.3M | $2K | — | View 990 |
| 2017 | $114K | $75K | $14.5M | $7K | — | View 990 |
| 2016 | $101K | $69K | $14.5M | $6K | — | View 990 |
| 2015 | $136K | $102K | $14.4M | $5K | — | View 990 |
| 2014 | $110K | $111K | $14.4M | $3K | — | View 990 |
| 2013 | $152K | $268K | $14.4M | $1K | — | View 990 |
| 2012 | $4.0M | $1.7M | $14.5M | $6K | — | View 990 |
| 2011 | $4.7M | $469K | $17.4M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $56K, and assets of $18.7M (revenue -37.1% year-over-year).
- 2022: Revenue of $184K, expenses of $63K, and assets of $18.6M (revenue +14.3% year-over-year).
- 2021: Revenue of $161K, expenses of $55K, and assets of $18.5M (revenue +140.1% year-over-year).
- 2020: Revenue of $67K, expenses of $40K, and assets of $18.4M (revenue -33.6% year-over-year).
- 2019: Revenue of $101K, expenses of $69K, and assets of $18.4M (revenue -13.2% year-over-year).
- 2018: Revenue of $117K, expenses of $92K, and assets of $15.3M (revenue +2.0% year-over-year).
- 2017: Revenue of $114K, expenses of $75K, and assets of $14.5M (revenue +13.1% year-over-year).
- 2016: Revenue of $101K, expenses of $69K, and assets of $14.5M (revenue -25.9% year-over-year).
- 2015: Revenue of $136K, expenses of $102K, and assets of $14.4M (revenue +24.3% year-over-year).
- 2014: Revenue of $110K, expenses of $111K, and assets of $14.4M (revenue -27.6% year-over-year).
- 2013: Revenue of $152K, expenses of $268K, and assets of $14.4M (revenue -96.2% year-over-year).
- 2012: Revenue of $4.0M, expenses of $1.7M, and assets of $14.5M (revenue -14.9% year-over-year).
- 2011: Revenue of $4.7M, expenses of $469K, and assets of $17.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wright On The Park Inc:
Data Sources and Methodology
This transparency report for Wright On The Park Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.